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‘Missing’ Marange Diamonds Located at State-run Zimbabwe Mining Corp.

Gems belonging to the closed Marange diamond mine Gye Nyame Resources that were reported ‘missing’ in June have been located at the Zimbabwe Mining Development Corporation (ZMDC).

The diamonds worth an unspecified value had gone missing in June this year.

Gye Nyame Resources was a joint venture between ZMDC and Bill Minerals, represented by Ghanaian businessman William Ato Essien.

Its licence – granted in 2011 – was annulled earlier this year due to insolvency and failure to adhere to environmental requirements.

The Gye Nyame was at the centre of a bribery scandal last year when President Robert Mugabe claimed that the former Zimbabwe Mining Development Corporation (ZMDC) chairman, Goodwills Masimirembwa, had demanded $6 million in bribes to facilitate its entry into diamond mining. Mugabe eventually cleared Masimirembwa of any wrongdoing.

The Source quoted ZMDC acting general manager Wilson Chinzou as saying that the state-owned firm was in possession of the alleged missing diamonds.

“Please be advised that this corporation is in possession of the parcel weighing 0.303 kilogrammes. Find attached the copy of the shipment details and signatories,” reads part of the letter written to Gye Nyame Resources’ judicial manager Winsley Militala.

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